---
kind: "section"
citation: "31 C.F.R. § 802.234"
title: "31"
number: "802.234"
heading: "Purchase."
url: "https://uscodex.org/cfr/31/802.234"
---

# §802.234. Purchase.

- (a) The term purchase means an arrangement conveying an ownership interest in real estate to a person in exchange for consideration.
- (b) **Example—** Person A, a foreign person, acquires covered real estate from Person B, a U.S. national, in exchange for land and services. Person A has purchased the covered real estate because the arrangement was predicated on consideration in the form of land and services.

## Notes

### Authority

Authority: 50 U.S.C. 4565; E.O. 11858, as amended, 73 FR 4677.

### Source

Source: 85 FR 3166, Jan. 17, 2020, unless otherwise noted.
